
Market
Billing
Company
BillingPlatform
Date
BillingPlatform
Letter grades are assigned based on scoring quartiles for the most recent ratings in any given market: A (4th quartile), B+ (3rd quartile), B (2nd quartile), and B- (1st quartile).
SCORE: 64
MGI 360 Ratings provide independent scoring of technology suppliers on a scale of 0-100.
PEER AVERAGE: 54
OUTLOOK: Positive
LETTER GRADE*
ASCORE**
64PEER AVERAGE
54OUTLOOK
PositiveSummary
We update the MGI 360 Rating of BillingPlatform to a score of 64 – currently the highest overall rating in Agile Billing – and maintain a POSITIVE analyst outlook. BillingPlatform is a cloud-based, APl first billing and revenue management solution for mid-to-large size organizations (including business units and divisions within mega-size companies). BillingPlatform provides full lifecycle support of the monetization process – from product setup through quoting, billing and invoicing, CPQ, and ARM through to payment and collections. With a comprehensive, billing-centric monetization capability, BillingPlatform can address subscriptions to complex usage billing scenarios in real-time and quick-time contexts. It is generally viewed as representing good value for money – a solution that can be implemented and maintained without heavy consultant involvement. The product and the company have gone through a period of intense maturation – increasing the breadth and depth of the product lineup, beefing up of the sales and marketing execution, stronger partnership ecosystem, and more proof points of high-end enterprise implementations with large volumes and a lot of complexity. The company has work to do in areas such as release management, complex implementations, and customer success as well as continuing to add more referenceable high volume implementations.
Ideal Use Case
The best use case for BillingPlatform is a mid-to-large, B2B/B2C company with digital or hybrid (digital/physical) business model that seeks to integrate modern pricing models (from subscriptions to real-time usage and consumption models) within a mature portfolio of business applications.
Company Description
BillingPlatform is an extensible and configurable metadata-based agile monetization platform (AMP). Company technology addresses many of the pillar disciplines of Agile Monetization Platforms such as billing, revenue management, collections, CPQ, catalog, and pricing management, among others. With founder roots in CSP billing, it has expanded into a broad set of industries such as high tech, media, transportation, and energy. The firm has evolved from a technology-focused startup to a multi-faceted organization with a stable management team. Since 2020, the company has raised just under $30M of funding commitments from Columbia Capital.